Hi Friends,
I need Advice on Trading. MY main objective is just earn little money and understand the markets, i am not a greedy person nor a person influenced by blind advices. I have done my little home work regarding Trading but could not get a person who can explain to me in person, one colleague used to do Trading but he explained me about intraday, hold sell, commodities trading , future trading, leverages and others .
Also l he told that bank demat accounts have more brokerage and other private traders ( sharekhan, kodak, nivea etc) have less brokerage. His friend works in nivea and he metioned if i want i can arrange for it, but before jumping wanted to analyze everything and get your advice.
Also my Budget is 50K - 1 lakh to start buying shares.
Hence i need suggestions for:
Opening Demat account - BEst bank or agency
How to start Trading:
Intraday
Hold - Sell (after period of 2days to 1 month
Also if any book is available in market which can help newbies understand trading recommend me so that I can buy and read it or if any internet source is there please post the link..
thanks in advance
Hope to receive positive advice from you.
Also forgot to include one point, i found a companys stock is in both BSE & NSE,, which one do i buy the BSE one or NSE one, I have read that NSE ones are the most frequenty bought and reliable stocks. Can anyone explain to me the diff between BSE and NSE apart from the fact that one is hosted by bombay stock exchange and another by national stock exchange and contains major govt cos.
Thanks in advance and have a nice day.
I need Advice on Trading. MY main objective is just earn little money and understand the markets, i am not a greedy person nor a person influenced by blind advices. I have done my little home work regarding Trading but could not get a person who can explain to me in person, one colleague used to do Trading but he explained me about intraday, hold sell, commodities trading , future trading, leverages and others .
Also l he told that bank demat accounts have more brokerage and other private traders ( sharekhan, kodak, nivea etc) have less brokerage. His friend works in nivea and he metioned if i want i can arrange for it, but before jumping wanted to analyze everything and get your advice.
Also my Budget is 50K - 1 lakh to start buying shares.
Hence i need suggestions for:
Opening Demat account - BEst bank or agency
How to start Trading:
Intraday
Hold - Sell (after period of 2days to 1 month
Also if any book is available in market which can help newbies understand trading recommend me so that I can buy and read it or if any internet source is there please post the link..
thanks in advance
Hope to receive positive advice from you.
Also forgot to include one point, i found a companys stock is in both BSE & NSE,, which one do i buy the BSE one or NSE one, I have read that NSE ones are the most frequenty bought and reliable stocks. Can anyone explain to me the diff between BSE and NSE apart from the fact that one is hosted by bombay stock exchange and another by national stock exchange and contains major govt cos.
Thanks in advance and have a nice day.
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